PPEM ENGINEERING: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
PPEM ENGINEERING
Largest movements
- Receivables within one year +€1,610
up €1,610 (+3.9%), from €41,077 to €42,687
of which Other amounts receivable: +€1,610
- Debts after one year +€6,328
up €6,328 (+17.3%), from €36,655 to €42,983
- Profit (loss) carried forward -€4,027
down €4,027 (-12.4%), from -€32,460 to -€36,487
- Trade debts -€1,083
down €1,083 (-52.1%), from €2,079 to €997
- Financial charges -€3,974
down €3,974 (-64.0%), from €6,209 to €2,235
of which Non-recurring financial charges: -€5,400
- Other operating charges -€794
down €794 (-56.5%), from €1,405 to €611
- Gross operating margin +€347
up €347 (+12.5%), from -€2,768 to -€2,421
- Write-downs -€185
down €185 (-33.3%), from €555 to €370
- Financial income +€62
up €62 (+4.0%), from €1,548 to €1,610
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €67,774 | €68,993 | +€1,218 | +1.8% |
| Fixed assets | 21/28 | €25,350 | €25,350 | = | 0.0% |
| Financial fixed assets | 28 | €25,350 | €25,350 | = | 0.0% |
| Current assets | 29/58 | €42,424 | €43,643 | +€1,218 | +2.9% |
| Stocks and contracts in progress | 3 | €1,295 | €925 | -€370 | -28.6% |
| Stocks | 30/36 | €1,295 | €925 | -€370 | -28.6% |
| Amounts receivable within one year | 40/41 | €41,077 | €42,687 | +€1,610 | +3.9% |
| Trade receivables | 40 | €823 | €823 | = | 0.0% |
| Other amounts receivable | 41 | €40,254 | €41,864 | +€1,610 | +4.0% |
| Cash at bank and in hand | 54/58 | €52 | €31 | -€22 | -41.4% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €67,774 | €68,993 | +€1,218 | +1.8% |
| Equity | 10/15 | €29,040 | €25,013 | -€4,027 | -13.9% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€32,460 | -€36,487 | -€4,027 | -12.4% |
| Amounts payable | 17/49 | €38,734 | €43,980 | +€5,246 | +13.5% |
| Amounts payable after more than one year | 17 | €36,655 | €42,983 | +€6,328 | +17.3% |
| Financial debts | 170/4 | €36,655 | €42,983 | +€6,328 | +17.3% |
| Amounts payable within one year | 42/48 | €2,079 | €997 | -€1,083 | -52.1% |
| Trade debts | 44 | €2,079 | €997 | -€1,083 | -52.1% |
| Suppliers | 440/4 | €2,079 | €997 | -€1,083 | -52.1% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €555 | €370 | -€185 | -33.3% |
| Other operating charges | 640/8 | €1,405 | €611 | -€794 | -56.5% |
| Gross operating margin | 9900 | -€2,768 | -€2,421 | +€347 | +12.5% |
| Operating profit (loss) | 9901 | -€4,728 | -€3,402 | +€1,326 | +28.0% |
| Financial income | 75/76B | €1,548 | €1,610 | +€62 | +4.0% |
| Recurring financial income | 75 | €1,548 | €1,610 | +€62 | +4.0% |
| Financial charges | 65/66B | €6,209 | €2,235 | -€3,974 | -64.0% |
| Recurring financial charges | 65 | €809 | €2,235 | +€1,426 | +176% |
| Non-recurring financial charges | 66B | €5,400 | €0 | -€5,400 | -100% |
| Profit (loss) for the period before taxes | 9903 | -€9,390 | -€4,027 | +€5,362 | +57.1% |
| Profit (loss) for the period | 9904 | -€9,390 | -€4,027 | +€5,362 | +57.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,390 | -€4,027 | +€5,362 | +57.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.